Investment Properties for Sale in Hermantown, MN

Listed for sale 6 days ago
$ 715,000
ROI
21.0
Cash Flow/m
195- 3 Bed
- 2 Bath
- 2330 sft
4889 Peyton Dr, Hermantown, MN, 55811

$ 325,000
ROI
30.6
Cash Flow/m
977- 4 Bed
- 2 Bath
- 1720 sft
4724 Anderson Rd, Hermantown, MN, 55811

$ 640,000
ROI
26.3
Cash Flow/m
1101- 3 Bed
- 3 Bath
- 2816 sft
4378 Ugstad Rd, Hermantown, MN, 55811

$ 209,900
ROI
30.2
Cash Flow/m
609- 2 Bed
- 2 Bath
- 1001 sft
4738 Morris Thomas Rd, Hermantown, MN, 55811
Why Invest in Hermantown, Minnesota?
Investing in Hermantown, MN offers promising opportunities with a steady rental yield and attractive cap rates. The local market benefits from a stable renter-occupied rate of around 38%, contributing to consistent cash flow. Appreciation trends for properties in Hermantown have been positive, supported by steady economic growth and employment expansion. Whether you're focusing on single-family homes or multifamily units, Hermantown's investment metrics indicate a strong potential for solid returns in the Upper Midwest real estate market.
7.2%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Hermantown is approximately 6.0%, reflecting steady rental income potential for investors.
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